Small Business Decisions and the EU: What is the Next Step?
I f anything has been learnt from the Credit Crunch is this, when developments are outpacing the ability of the media to report, analyse, synthesise and formulate an opinion, then events are happening too quickly to make a sensible decision with any degree of certainty.  

So, is it a business decision? Is it a lifestyle decision? Is it a democratic decision? Is it an emotional decision? Is it all of the above and more? Is it an existential decision? 

Big decisions are made every day in boardrooms, in parliaments, in kitchens, across the dinner table or at a bar in a pub over a pint. Decisions are always having to be made. 

The vote on 23 June is without doubt one of the biggest decisions the electorate will make in a lifetime which will have an effect on business & lifestyles across the world. It will shape the 21st century

So as a business what do you do, as a family what do you do, as an individual what do you do, as a country what do you do? Is it all of the above and more? Ans: Yes, It’s an existential decision not just for individuals, for families, for business, for the lifestyle of today but that of your children and your children’s children!

The best way to deal with such issues is to break them down into manageable chunks.  Try not to bite off more than you can chew so you can digest that which is before you. Now some would say it’s the banquet of all banquets because it is freeing us from being tied to a larger entity of which we have a minority say in a democratic system, but that would be fine if you could argue if the system for which you are electing is a democratic one.

The order of the question is for you to decide, if you work for a company and are employed the question of if its good for your company should be measured against the following: Is your company British? Is your company going to be the only company you will work for, or will you move on if you get a better offer?

Ans: if your company is not British it may not have the interests of Britain at its heart. The employment lifecycle in the modern era is not that of faithful company service for a lifetime. People switch jobs more often than ever before. Even a British company may have far more international interests than that of just the interests within the UK. 

If don't see yourself in the same role within the same firm in 6 months to a year from now then the interests of your employer are not in your interest.  If you are on low pay and don't see yourself being able to earn more than the minimum wage throughout your life for one reason or another then it’s likely you will vote to leave. Mass migration does increase competition in the lower paid lesser skilled jobs market.

If you are a skilled worker and like the thought of being able to travel and work within the EU, there are perceived advantages of remaining in the EU. A larger job market but also there is more competition also. What sets you aside from the 500 million + in the EU?

Is It good for me?

Can i afford my rent? Can I afford to buy where I would like to live?

Is it good for my family?

Are there opportunities for my children?  Is there adequate access and provision of education and healthcare for me and my family? Is there enough opportunities for training, employment and entrepreneurship? Can i afford to feed my family, pay my bills, save for the future and live in my own home sustainable?

Is it good for my business?

Most small businesses focus on serving their local communities, so will your community thrive or suffer? If your community is going to thrive or suffer from staying or leaving is largely conjecture.  What is your community like now? Is it affordable where you live? Is it prosperous? Do your customers have a disposable income? Do the local services adequately cater for your community? Are the cuts biting or have bitten in already?  How easy is access to school places? How easy is access to healthcare? Are there other public amenities such as libraries, social clubs, youth provision local authority parks and pools? Is your area an attractive place to live?

Basically what you are doing is a PEST and SWOT analysis of your micro and macro environment. The business question has a multitude of variables dependant upon your location, your market, your business, your range and your employees. Do you service local or visitors, domestic or international, EU or Non EU?

Do you have access to an adequate pool of employees or do you have skills and education issues that need to be addressed?  Are you helped or hindered by EU legislation? Do you have access to sufficient advice and support?  Will your business benefit from accessing markets and personnel from within the EU or beyond the EU? Will your business be able to capitalise on new markets and opportunities beyond the EU?The debate to and fro has heated up markedly in the last week and will continue to do so without doubt. 

This is a democratic decision that has been gifted to the British people to make for themselves and for the benefit of their friends their families, their businesses, their lifestyles and more. What more?

The final question that you may want to answer is this?  Can we as a nation do more within the EU or outside the EU?

Is it 500 million+ or 7 billion+?

We are not going to attempt to answer the above question just yet but we will look at it as the days and weeks pass.

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